Brussels – The European Commission has approved under the EU Merger Regulation the acquisition of Intel Security by TPG Capital, both of the United States. Intel Security designs and develops security solutions for servers, computers, smartphones and other devices. TPG Capital is part of TPG, a private investment firm that manages funds that invest in a variety of companies through acquisitions and corporate restructurings. The Commission concluded that the proposed acquisition would not raise competition concerns, because Intel Security and TPG are not active on the same markets or on related markets. The transaction was examined under the simplified merger review procedure.
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